Hindustan Zinc Ltd – Technical View

Hindustan Zinc Ltd – Technical View (SEBI Reg. INH000019886 | For Educational Purpose Only) Hindustan Zinc shows a strong reversal setup on the daily chart with a surge in volume and bullish price action. After forming a base near ₹460, the stock has shown a breakout attempt above the 20 EMA and is approaching the 50 EMA zone. The recent volume spike indicates strong accumulation interest, while the RSI crossing 60 confirms renewed momentum. A sustained move above ₹510 could open up the next leg toward ₹580–₹600, followed by a medium-term projection around ₹700+ as per pattern targets. 💡 Fundamentally, the stock remains supported by firm zinc prices and steady dividend yield, adding value comfort for positional investors. 📊 Key Levels: Support – ₹460 / ₹440 Resistance – ₹510 / ₹580 Setup – Bullish continuation with volume confirmation ⚠️ Disclaimer: For educational & study purposes only. Not a buy/sell recommendation.